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Balance Transfer Question

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Balance Transfer Question

Hello -

I was recently approved for a couple credit cards w 0% balance transfer promotions. My question is, can I transfer a balance from a card where I’m only an authorized user to one of my new accounts in which im the primary?

Scenario -

CITI card in wife name (im AU) to Penfed CC (my account)

Thanks for the advice!
Message 1 of 3
2 REPLIES 2
Dalmus
Valued Contributor

Re: Balance Transfer Question

The receiving card doesn't care where the balance comes from. You could transfer a balance from *MY* card to your new card and it wouldn't matter. All the receiving card card about is the account number and payment address.

Total Cards: 24 | Total Limit: $304,250


Current FICO 8 Scores: EQ: 841| TU: 815 | EX: 814


Hard Inquiries: 1

Message 2 of 3

Re: Balance Transfer Question

Perfect. Thanks
Message 3 of 3
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